Last Week’s Top Energy Stocks

Energy stocks

Between December 28 and January 4, upstream stock Denbury Resources (DNR) gained the most among our selected energy stocks, which included the following ETFs:

  • the Alerian MLP ETF (AMLP)
  • the Energy Select Sector SPDR ETF (XLE)
  • the VanEck Vectors Oil Services ETF (OIH)
  • the VanEck Vectors Oil Refiners ETF (CRAK)
  • the SPDR S&P Oil & Gas Exploration & Production ETF (XOP)

In addition to US energy companies, some foreign-headquartered integrated energy companies listed in the United States were also included:

  • Imperial Oil (IMO)
  • China Petroleum & Chemical (SNP)
  • Total (TOT)
  • YPF (YPF)
  • Petrobras (PBR)
  • BP (BP)

Last Week’s Top Energy Stocks

Other strong performers

Upstream stocks California Resources (CRC) and Callon Petroleum (CPE) were the fourth- and fifth-strongest gainers among our selected energy stocks last week, and oilfield services stock Nabors Industries (NBR) and midstream stock Shell Midstream Partners (SHLX) were second and third strongest. Among major energy ETFs, the Alerian MLP ETF (AMLP), the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), and the VanEck Vectors Oil Services ETF (OIH) were the top three gainers.

Energy commodities and the broader market

Broader markets’ rise and oil’s recovery may have helped the above energy stocks, which also beat energy commodities and the broader market last week. US crude oil February futures rose 5.6%, natural gas February futures fell 7.8%, and the S&P 500 rose 1.9%.